Key Points:
When settling a dispute, it is important to consider
whether the release from liability should extend to third parties
associated with the release, and there are several options open to
do so.
We often talk of sealing the deal, but sealing the settlement of
a dispute is also an important occasion. Closing a deal may open up
new business opportunities, but finalising the settlement of a
dispute can resign a distracting and draining feud to history so
that a business can focus on what matters most, its business.
Often, the final step in sealing a settlement is entering into a
settlement agreement. There are many issues which may arise when
preparing a deed of settlement; for example, the insurance
implications of releasing a person from liability, the tax
treatment of the settlement sum, whether any indemnities are
necessary, and much more. Not all of these issues will arise in
every case, but one issue which almost certainly will is the scope
of the
